- BHGRE®
- California
- Los Angeles
- 1361 W Vernon Avenue
1361 W Vernon Avenue, Los Angeles, CA 90037
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
1361 W Vernon Avenue,Los Angeles, CA 90037
$698,000
- - Beds
- - Baths
- 1,892 sq. ft.
- Multi-family
- Active
Listed by: josephine san lucas
Office: keller williams larchmont
MLS#:MB26023686
Source:CRMLS
Price summary
- Price:$698,000
- Price per sq. ft.:$368.92
About this home
Three separate units located in Vermont Square with 1 unit VACANT offering immediate income with upside potential for rent growth or future redevelopment. Perfect for owner-user or due to zoning flexibility perfect for investors, value-add buyers, and long-term redevelopment strategist.
Property feautures a 2 bedroom 1 bath collecting $1280, a 1 bedroom 1 bath collecting $1188 and a Large -ready to move in 1 bedroom 1 bath thats vacant and can rent for $2000 Recent improvements include new roofs and copper plumbing, enhancing long-term durability and reducing near-term capital expenses. The RD-1.5 zoning, allowing commercial, residential, or mixed-use development, offers the best of both worlds for future development potential while remaining financeable, as rebuild letter is available (buyer to verify). Yet location is residential having a school across the street but its alley access provides for up to 6 parking spaces or a possible future ADU leaving room for growth ! Excellent opportunity to acquire a versatile multi-unit property in a high-demand central Los Angeles location, just minutes from USC, Exposition Park, BMO Stadium, the LA Memorial Coliseum, and Downtown LA.
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Home facts
- Year built:1923
- Listing ID #:MB26023686
- Added:1 day(s) ago
- Updated:February 07, 2026 at 02:42 AM
Rooms and interior
- Living area:1,892 sq. ft.
Heating and cooling
- Heating:Combination
Structure and exterior
- Year built:1923
- Building area:1,892 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$698,000
- Price per sq. ft.:$368.92
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